Romney: IOC Needs to Limit Spending on Olympics

When Mitt Romney ran for president in 2012, he called for cuts in federal spending. Sixteen months after he lost, he’s making public pleas for austerity in another arena: the Olympics.

Mr. Romney said Sunday that the International Olympic Committee should take steps to limit spending on the games in the wake of the Sochi Olympics, which are estimated to have cost more than $50 billion.

“Olympic sport can be demonstrated at $2-or-$3 billion,” Mr. Romney said on NBC’s Meet the Press. “All that extra money could be used to do some very important things in terms of fighting poverty and fighting disease around the world.”